Motel Business for Sale in Dunedin
| Asking: |
|
|
| Turnover: |
|
| Type: |
Accommodation |
| Location: |
Dunedin |
| Opportunity knocks - Dunedin City, Otago! This freehold going concern Motel complex offers an attractive package to anyone with an eye to the future. |
| Business
Description: |
| Sited in a prime visible location, these are the first motels presented to travellers when entering Dunedin city from the north.
The complex provides an excellent configuration of studio, one-bedroom and two-bedroom units in the total of 18 units.
The lessees have embarked on an upgrading programme and the business is now poised to reap the rewards of that upgrading work. The progress toward a new city sports stadium in the area also augers well for the future of the motel. With a long lease period to run, any intending purchaser can look forward to a secure tenure on a business offering real potential.
The freehold going concern offers an attractive package to anyone with an eye to the future. The complex is sited on a prime 1990 sq m site, close to the Dunedin gardens.
Where else in Dunedin city will you find an 18-unit motel in such a good location, for sale as a freehold going concern, for under $2.4m? The lease and the freehold may be available separately, if required.
Dunedin motels are renowned for their occupancy and are well supported with Otago University and city commercial activities, as well as tourists visiting the city and Otago Peninsula for the many attractions offered. There are also future development (eg new sports stadium) currently in the planning phase which has the potential to boost the performance of this motel complex.
Here is a great opportunity for a purchaser to enter the Dunedin motel industry with a complex of excellent size and superb future prospects - enquire today |
| Business
Resources: |
|
| Contact: |
| Athol McCully from Link - New Zealand Business Sales Ltd (Licensed Agent REAA 2008) on 03 366 3394 or 027 433 8052, any time, or email atholm@linkbusiness.co.nz (Broker Ad ID: 10470)
|
| Listing ID: 12785
|
| Listing URL: |
| www.nzbizbuysell.co.nz/12785
|
| Recommend: |
 ShareThis
|
|
|
|
|
|
nzbizbuysell - New Zealand's leading Business for Sale site
|
 |
